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Get your taxes done using TurboTax
@Panthermonium the answer is wrong. The TCJA limits property tax deduction for "home / second home" owned abroad. For rental property abroad this rule does NOT apply. You report all expenses including taxes , mortgage interest, etc. etc. on schedule-E just as if the property was situated on US soil. The only difference is that the depreciation is over 39.5 years ( like commercial property on US soil ) in lieu of 27.5 yrs.
‎July 31, 2019
8:14 PM